As stated by in the generic version of Wikipedia (2016-05-20):
Neoliberalism (or sometimes neo-liberalism) is a term which has been used since the 1950s, but became more prevalent in its current meaning in the 1970s and 80s by scholars in a wide variety of social sciences and critics primarily in reference to the resurgence of 19th century ideas associated with laissez-faire economic liberalism.
Its advocates support extensive economic liberalization policies such as privatization, fiscal austerity, deregulation, free trade, and reductions in government spending in order to enhance the role of the private sector in the economy. Neoliberalism is famously associated with the economic policies introduced by Margaret Thatcher in the United Kingdom and Ronald Reagan in the United States. The implementation of neoliberal policies and the acceptance of neoliberal economic theories in the 1970s are seen by some academics as the root of financialization, with the financial crisis of 2007–08 as one of the ultimate results.
In common citizens' language
The Anglo-American Neo-Liberal model takes away the power from common citizens and even governments to hand it all over to anonymous profit-driven corporations through: economic liberalization, privatization, deregulation, "free" trade (TTIP) to enhance the role (power) of the private sector in the economy, turning money into the one and only value to take in account, completely writing off all social and human values and even emotions (which are actually not even taken in account in politics in general - a huge mistake in our humble opinion).
The result is the complete downgrading of Democracy and the disappearance of social equality, justice and liberty as well as care and respect for nature, while favoring unlimited greed and lack of ethics and scruples to the point of destruction of both global society and the planet.